— The Iran war has cost U.S. consumers an estimated $100 billion in higher energy prices since February 28, with costs rising by roughly another $1 million every two minutes, Axios reports.The average household has paid more than $760 extra, mainly for gasoline.
Texas has taken the largest overall hit at around $11 billion, followed by California at $8 billion and Florida at $5 billion.
Rising energy costs are also feeding broader inflation, with surging diesel prices threatening to significantly increase freight and travel costs in the coming weeks and months.
